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Mastercard spent decades training its fraud system to see bots as thieves. Now bots are the ones doing the buying.
Every time a Mastercard gets tapped, the network has less than a tenth of a second to judge how likely the purchase is to be fraudulent. It made that call across 175 billion transactions last year. No [...]
What AI builders can learn from fraud models that run in 300 milliseconds
Fraud protection is a race against scale. For instance, Mastercard’s network processes roughly 160 billion transactions a year, and experiences surges of 70,000 transactions a second during peak pe [...]
Apple, Mastercard and Visa's antitrust lawsuit over payments has been dismissed
Apple, Mastercard and Visa have successfully dodged a lawsuit that claimed the companies were colluding to maintain the current status quo in point-of-sale-payment card services, Reuters reports. The [...]
Hopper's AI agent can book flights and cancel trips without human help
Hopper Technology Solutions launched a breakthrough artificial intelligence system Wednesday that can autonomously handle complex travel customer service issues from start to finish, a major advance i [...]
Mastercard took down payments across Australia with a scheduled update
Mastercard transactions were declined across Australia on Saturday afternoon after what the company describes as a scheduled system update, with more than 1,900 outage reports logged by mid-afternoon. [...]
The 6 best Mint alternatives to replace the budgeting app that shut down
It's been almost one year since Intuit shut down the popular budgeting app Mint. I was a Mint user for many years; millions of other users like me enjoyed how easily Mint allowed us to track all [...]